
Financial Transaction Coordinator
1 week ago
We are seeking an experienced Accounts Payable Specialist to join our team. As an AP Specialist, you will be responsible for processing full-cycle accounts payable transactions including invoice receipt, validation, and posting.
Key Responsibilities:
- Full-cycle accounts payable processing including invoice receipt, validation, and posting.
- ERP systems: Working experience of Oracle / SAP / Microsoft Dynamics / QuickBooks etc.
- Vendor database management (creating and maintaining vendor records, updating payment terms, and bank details and related legal documents).
- Invoice processing and 3-way matching (Invoice / PO / DC or GRN).
- Budget checks and commitment control.
- Ensuring compliance with company policies and applicable tax regulations (e.g., VAT, WHT / GST).
- Withholding taxes (WHT) record maintenance and reporting.
- Processing debit / credit notes resolve disputes, and manage vendor balances.
- Payment processing (EFT, IBFT, cheques).
- Handling of advance payments and retention amounts.
- Processing staff reimbursements and petty cash claims.
- Coordinating with procurement and receiving teams to resolve discrepancies.
- Maintaining accurate and up-to-date AP records and documentation.
- Supporting month-end and year-end close processes.
- Assisting with internal and external audits by preparing required schedules and documentation.
- Generating AP aging reports and assisting in cash flow forecasting.
- Supporting line manager in data analysis and preparing various AP reports.
Required Skills and Qualifications:
- Bachelor's degree in Commerce, Accounting or Finance.
- ACCA / CA finalist or a similar professional certification (preferred).
- Minimum 3 years of experience in accounts payable or similar accounting roles.
Technical Skills:
- Knowledge of relevant applicable accounting standards.
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